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Maximize Your Savings with Small Business Tax Credit Strategies

Small Biz Trends

This retained income can cover operational expenses, investments, or debt repayment, promoting stability. This consistent financial relief supports better cash flow management. Other Tax Credits : Credits for energy-efficient investments, home office deductions, and business interest deductions further reduce your tax expenses.

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OIG Says SBA Management of EIDL Program Had Contracting Flaws

Small Biz Trends

The Small Business Administration (SBA) didn’t follow proper procedures while managing Economic Impact Disaster Loan funds during the pandemic, according to a report from the Office of the Attorney General (OIG). Funds are used to help businesses meet financial obligations and operating expenses after a catastrophic event.

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Extended COVID-19 Crisis Could Force Tailored Brands Into Bankruptcy

Retail TouchPoints

during Q1 2020, and unlike many other retailers that made up some of the difference with e-Commerce growth, its online sales, including rentals, fell 31.9%. and Canada, from March 17, 2020 through the end of the first quarter. million , and will make further efforts to manage its liquidity as stores reopen. in February.

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Balancing Customer Loyalty in an Age of Growing Business Costs

Retail TouchPoints

Since 2020, the global economy has sat on pins and needles as the fallout from COVID-19 rippled through 2021, 2022 and 2023. But the resilience of the American consumer prevented an all-out economic disaster. Time and time again, consumers kept the economy chugging along despite the bleak forecasts from leading economists.

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The Cloud in Retail: Transforming the Use of Video in Stores

Retail TouchPoints

According to the 2020 Trustwave Global Security Report, the retail industry was the most targeted sector for cyberattacks for the third year in a row. Instead, it becomes an operational expense in the form of a subscription fee paid yearly, quarterly or monthly.

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Why growth is slowing at e-commerce giant Shopee

Inside Retail

This has been a developing story since the beginning of 2020, when it trailed Lazada in Singapore, the Philippines, Malaysia and Thailand, and Tokopedia in Indonesia. In Southeast Asia, including the peripheral island nations Indonesia, the Philippines, and Taiwan, it is the top-ranked app for monthly active users (MAU).

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Driving down IT OPEX with a Webex bot

Cisco Retail

Every IT organization strives for excellence by continuously driving down their operating expenses (OPEX) while providing the best-in-class experience to their user base. Having a focused approach to reduce cases can significantly optimize on cost and improve the efficiency of IT Operations teams. a reduction of about 48.5